Annual Report 2016

Annual Report 2016

ANNUAL REPORT 2016 Foundation CHAIR’S REPORT For 45 years TRU has taken pride in providing an excellent education to every student that comes to us—from a wide variety of backgrounds FOUNDATION and perspectives, at various stages of their learning journey. For 34 of those years, the TRU Foundation has been raising funds to benefit TRU BOARD OF and our students. DIRECTORS 2015/16 In 2015-16 we successfully raised $3.1 million for students, buildings and programs at TRU. This achievement would not be possible without the continued support of our generous donors and the work of our dedicated volunteers and staff. At fiscal year end the Foundation’s Student Assistance endowment totaled $16.4 million. 602 students were presented with 334 donor awards totaling $729,000 at our fall awards ceremony. 2015 highlights include: • $150,000 from Scotiabank towards financial awards for students enrolled David Paul, Rick Sallis, in entrepreneurial courses in the School of Business and Economics. Chair Vice-Chair • A gift of $100,000 from Carl & Leslie Sulkowski to create an endowment for student bursaries. • A $100,000 gift from Dr. Ron & Rae Fawcett towards the Fawcett Family Bursary, bringing the Fawcetts’ lifetime giving to $730,000. The Foundation also helped secure $513,602 in provincial government funding for trades equipment, the Women in Trades Training program (Industry Training Authority), the Aboriginal Women in Trades program and the Driver Training program. Tim Shoults, Jim Harrison, Director Director The 2015 Campaign breakfast focused on initiatives in the School of Nursing and celebrated key donor contributions to nursing. Stella Black was presented with a TRU Foundation Lifetime Dedication Award for her 34 years of support. Chair Bev Wassen-Hunter and an extensive team of volunteers put on the Foundation’s 24th Gala which raises funds for scholarships and bursaries for students. The sold out event was a great success and included a Viennese theme and featured a menu, entertainment, and a European river cruise raffle to match. Our success is possible only through the support of our loyal donors. A Raymond Warren, Harvey Comazzetto, sincere thank you to all of our supporters who give the gift of education. Director Director You are helping us develop Thompson Rivers University into a world class institution and are making a real difference in the lives of our students. Sincerely David Paul Guenter Weckerle, Richard Heney, Chair, TRU Foundation Board of Governors Board of Governors Appointee Appointee 2 PRESIDENT’S MESSAGE Increasing student success is a FOUNDATION priority at Thompson Rivers University. We do this through quality education BOARD OF and practical experience available to DIRECTORS 2015/16 students within all disciplines. The range of educational opportunities our faculties provide help TRU attract outstanding students from our region, across Canada and around the world. TRU has worked with funding partners and individual supporters in many ways throughout our history to Alan Shaver, President increase student success. Tom McInulty, Greg Garrish, and Vice-Chancellor Treasurer Secretary We continue to reach out to our communities to provide student assistance, support research initiatives and build the facilities that house our learning and research. Bursaries help students obtain a quality education regardless of their financial ability to pay and scholarships reward and encourage our best and brightest. Through your donation you have a profound impact in the lives of our students. Many of our students struggle to support families while completing their education. They want to make a better life for themselves and their children, and your support helps them find their TRU potential. Traci Froese, Matt Milovick, Director Director Increasing our research impact is also a priority at TRU. We encourage the passion for discovery and invention. Donations from our friends, alumni, businesses and, of course, government funding, also enable TRU to carry out many outstanding research projects and as a result TRU has a growing reputation as an innovative and dynamic university. Thank you to all our donors for supporting the students and research at TRU. We look forward to your continued involvement in making TRU an outstanding university. Richard Lewis, Katherine Stebbings, Director Director Sincerely, Alan Shaver President and Vice-Chancellor Carlee Poleschuk, Christopher Seguin, Student Appointee Vice President Advancement 3 4 2015/16 FINANCIAL SUMMARY TOTAL FUNDS RAISED OPERATING EXPENSES $3,134,890 $316,907 GIVING BY CATEGORY • Alumni $161,810.00 • Corporations $1,500,687.00 • Foundations $239,806.00 • Government $513,602.00 • Individuals $718,985.00 TOTAL $3,134,890.00 DISBURSEMENTS • Bursaries & Awards $1,454,871 • Buildings $141,178 • Department Initiatives $146,193 • Gifts In Kind $217,135 • United Way and IndoCan Links $69,260 • Operating $192,966 TOTAL $2,221,603 IMPACT HIGHLIGHTS 1298 awards Renovations to Research Chair in benefitting1175 students student space in Environmental Reclamation Old Main STUDENT ASSISTANCE ENDOWMENT RESEARCH ENDOWMENT $16,410,990 $6,702,107 5 2015-16 CAMPAIGN KICKS OFF BY CELEBRATING SCHOOL OF NURSING Above: Student Heather Cameron thanks donors for the financial support which made it possible to return to school and create a career she loves. More than 300 community supporters were present for this year’s funding announcement and to give pledges related to the School of Nursing. Among those thanked for their lifetime support of nursing: • Ken Lepin - $238,000 towards nursing and $2.5 million lifetime. • Eleanor Thompson - $100,000 to start a nursing endowment and $238,000 lifetime. • RIH Evening Auxiliary - $92,700 lifetime. • Aberdeen Lions - $78,200 lifetime. • Kamloops Senior Citizens Housing Society - $60,000 to start an endowment fund. • Longtime TRU supporter Stella Black was honoured with a TRU Foundation Lifetime Dedication Award for her involvement of 34 years back to 1981. FALL ALUMNI AND DONOR OUTREACH Every fall we hire and train 14 students to connect with our alumni and donors by telephone and thank them for their past support. These students tell our alumni and donors what is new on campus and in the program they graduated from. They also tell them about mentorship opportunities and benefits and services available to alumni. Students gain business experience while carrying out the annual outreach campaign. 6 STUDENTS FIRST Student success is our primary drive. We want to ensure that our students have the support they need to succeed in their personal, academic and career endeavours. To this end, we are raising funds for more scholarships, bursaries and awards for students in every faculty and department. Our goal is to increase endowments for student assistance from $16M to $20M by 2020. OUR GOAL IS TO INCREASE ENDOWMENTS FOR STUDENT ASSISTANCE FROM $16M TO $20M BY 2020. At the November 2015 awards ceremony, 602 students received $729,000 to offset the cost of achieving their educational goals. LEAVING A LEGACY Reginald Harold Broadbear Bursary Harold Reginald Broadbear passed away in 2013 and bestowed significant funds for a bursary related to the medical field. It was left to Lynda Pitura, his niece/executor to direct the funds to the institution of her choice and help establish criteria for the selection of the recipient. Lynda and family chose the TRU Foundation. The bursary is awarded to a student enrolled in a diploma or degree program that leads to a career in the Jessica Mainville receives a $10,000 Broadbear bursary from medical field, with preference to students in Nursing or Lynda and Mike Pitura at the 2015 awards ceremony. Respiratory Therapy. The 2015 recipient was Jessica Mainville, a single parent of two wonderful children who was bridging from a Licensed Practical Nurse working at Royal Inland Hospital to a Registered Nurse through TRU’s Bachelor of Science in Nursing program. Jessica says that receiving the Reginald Harold Broadbear Bursary had a profound impact on her life. It gave her hope, a sense of accomplishment, and enabled her to do many things. Jessica says it was a great honor to meet Lynda and Mike Pitura and thanks Reginald Harold Broadbear for this life changing opportunity. 7 INCREASING ENTREPRENEURIAL CAPACITY One of TRU’s strategic priorities is to support entrepreneurial collaboration and social enterprise that mutually benefit the university and the communities we serve. Scotiabank recently donated $150,000 towards financial awards for domestic, international and aboriginal students who are enrolled in entrepreneurial courses in the School of Business and Economics. Nine annual awards will be given out for five years, ranging in value from $3,000 to $6,000. Representatives from Scotiabank and Scotia Wealth Management present President Alan Shaver with a cheque for $150,000. Kamloops businessman Ken Lepin’s lifetime giving to TRU is now over $2.5 million, making him the single most generous private donor in Kamloops history. He has established awards in Nursing, Science, Trades, Animal Health Technology, Arts, Education, Culinary Arts, Law and Tourism Management. He also awards for excellence in research, entrepreneurship and communication. Lepin has founded a $500,000 Research Endowment to support awards for students participating in research at TRU. This fund is TRU’s first major endowment to support student research and will acknowledge, celebrate and support the university’s growing research portfolio. This gift will help complete the Wells Gray Science Centre, buy much needed equipment for the Nursing Simulation Lab, and creates a President’s Initiative Fund to support future special projects. Dr. Ken Lepin presents his Prize of Excellence in Entrepreneurship and Communication to MBA student Kenneth Glass. Costco presents the School of Business and Economics with Toni Corrigan presents the Foundation’s Karen Gamracy with a $51,000 to support a business student. cheque for $147,000 which represents Cascade’s total contribution since 2004. To date, Cascade (formerly Lake City Casino) has helped 22 students reach their education goals.

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